Uber, through its apps, charges a fee to play matchmaker between passengers and drivers, some of whom are registered taxi drivers.
Finance minister, who tabled the Constitution (122nd Amendment) Bill, 2014 for roll out of GST in the Lok Sabha last week.
JSPL’s charter firm was given licence on December 23, 2008, which was to expire on December 22, 2014.
Parties interested in the stake sales have to submit their proposals by January 9, 2015.
The official statement said recommendations have been made by the Group on auctioning coal blocks..
To promote industries additional FSI from 0.1 to 0.9 will now be sanctioned.
Workers may also be forced to save more for retirement with the labour ministry revising the definition of wage.
The interest rates for two and three year option range between 10.15 per cent to 10.35 per cent.
CEO of Tata-SIA joint venture airline Vistara, Phee Teik Yeoh, has expressed hope that the government would soon do away with the ‘5x20 Rule’.
The carrier has presented a revival plan to the government, which will be discussed with oil firms and banks before taking a final decision.
The cut-off limit for rogue borrowers is Rs 5 crore advances.
Justice Srikrishna headed the Financial Sector Legislative Reforms Commission which has already worked out a draft code as part of its final report.
BSE, NSE rise 1.2% each; Domestic institutions turn net buyers.
Nation’s oil minister Ali al-Naimi SAYS ‘The best thing for everybody is to let the most efficient producers produce’.
The new model has adopted an enterprise-based definition, aligning the FDI policy with the BIT.
Net receipts from cultivation and rearing of animals accounted for just 59.8 % of the avg Indian farming family’s monthly income.
Tax saving should not be taken up as a crisis management towards the end of the financial year.
Spice has launched India’s first Android One Hindi smartphone – Spice Dream Uno H.
However, the skill development university is still in the offing and would take some more time to be set up.
The minister said that he was open to “tweaking” policies if needed to boost investor confidence.
E-commerce major Flipkart today that announced it raised a fresh round of funding worth $700 million.
The government is extremely determined to go ahead with insurance sector reform, says Arun Jaitley.
The amendments proposed in the Bill based on the recommendations of the 12th Plan Working Group.
Officials said the reprieve extended to the airline was temporary, for a period of 15 days that expire on Dec 31.
Several American giants are looking to enter the Caribbean nation while Cuban industry too has a market in the US
The Mid-Year Economic Analysis 2014-15 was tabled in Parliament and authored by Subramanian.
YV Reddy was Governor of the RBI from September 2003 to September 2008 and was succeeded by D Subbarao.
The rupee had plunged to 13-month low of 63.53 earlier this week.
Brazilian production starts from March and India needs to export at least 1.5 MT of sugar before that.
CBT’s proposal said it would deploy Rs 70,000 crore towards home loans.
This is the first time Sebi has ordered the imprisonment of a defaulter since it was given expanded powers last year.
The Sensex shot up by 416 points to 27,126.57 as investors stepped in for value buying.
The ruble has fallen more than 45 per cent against the dollar this year.
Later this month, the DIPP is convening a strategy meeting with various ministries and departments, which would be chaired by Prime Minister Modi.
Bankers feel the airline is in a similar situation like Kingfisher and see high risks ahead.
The ordinance has been promulgated by the NDA government to proceed with auctioning of the coal blocks across the country.